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Bitcoin is a Ponzi

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  #61  
Old 09-13-2025, 08:53 AM
Tyrone Shoelaces Tyrone Shoelaces is offline
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Originally Posted by DrMack View Post
Bitcoin block chain will be hacked eventually. In 10 years folks will be laughing at what people paid for it. Technology will well have surpassed hacking block chain tech.
Question is, will any of us Villagers be alive to see this?
  #62  
Old 09-13-2025, 10:33 PM
MorTech MorTech is online now
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Originally Posted by Aces4 View Post
I've never heard the dollar referred to as tulip bulbs but all right...
"hearing" is not your problem but all right. The US Dollar is the biggest Ponzi on earth.

Your fiat accounts will eventually be hacked...Your gold will eventually be stolen (even "legally" stolen. See the act of political terrorism refered to as Executive Order 6102). You can carry Bitcoin in your head anywhere on earth. Bitcoin can fork to SHA512 in the future. It takes a huge amount of energy and compute power just to break one key - as well as blockchain latency. Good Luck! There is a 1M Bitcoin reward waiting for you!

Last edited by MorTech; 09-13-2025 at 11:18 PM.
  #63  
Old 09-14-2025, 08:34 AM
Aces4 Aces4 is offline
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Originally Posted by MorTech View Post
"hearing" is not your problem but all right. The US Dollar is the biggest Ponzi on earth.

Your fiat accounts will eventually be hacked...Your gold will eventually be stolen (even "legally" stolen. See the act of political terrorism refered to as Executive Order 6102). You can carry Bitcoin in your head anywhere on earth. Bitcoin can fork to SHA512 in the future. It takes a huge amount of energy and compute power just to break one key - as well as blockchain latency. Good Luck! There is a 1M Bitcoin reward waiting for you!
So in other words, real estate is the way to go..
  #64  
Old Yesterday, 05:18 AM
MorTech MorTech is online now
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So in other words, real estate is the way to go..
Real estate suffers from property tax (which is basically rent paid to law-n-jail backed parasites - Modern Feudalism/Serfdom) and entropy ...maybe that's cool to you.
  #65  
Old Yesterday, 07:10 AM
Aces4 Aces4 is offline
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Real estate suffers from property tax (which is basically rent paid to law-n-jail backed parasites - Modern Feudalism/Serfdom) and entropy ...maybe that's cool to you.
It's the nice profits after taxes that please us. We realize there are those who haven't figured out how to do that. To each their own.
  #66  
Old Yesterday, 09:47 AM
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Topspinmo Topspinmo is offline
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It is illegal to have Bitcoin in China but the Chinese people are one of the largest Bitcoin holders in the world. So disobedient.
O comparing to drug cartels. It’s all Ponzi scheme if on outside and don’t have inside trading information or wealthy enough to manipulate stocks. 1% control stock market selling millions stock causing the market to drop, then buy back when get low enough been going on for 40 years plus.
  #67  
Old Today, 03:41 AM
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It's the nice profits after taxes that please us. We realize there are those who haven't figured out how to do that. To each their own.
"Land Banking" has worked well (ARR) for the last 50 years...The untethered-to-gold fiat has to go somewhere. I think both bonds and real estate are going bear now. What if real estate adjusts to it's utility value? A true depreciating asset.

Last edited by MorTech; Today at 03:55 AM.
  #68  
Old Today, 03:54 AM
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O comparing to drug cartels. It’s all Ponzi scheme if on outside and don’t have inside trading information or wealthy enough to manipulate stocks. 1% control stock market selling millions stock causing the market to drop, then buy back when get low enough been going on for 40 years plus.
It's more like the 0.001%. It is easy to volatility wash assets if you control the fiat counterfeit racket. For example, the fiat currency terrorists have been manipulating gold price to the point where there is probably 10X more paper gold than above ground gold. We will see if they are able to volatility wash Bitcoin...They won't be able to long term.
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